Brief: Tekna Holding Updates On Impact Of U.S. Tariffs

Tekna Holding ASA

24/03/2025 07:28

March 24 (Reuters) - Tekna Holding ASA TEKNA.OL:

TEKNA ADDRESSES IMPACT OF U.S. TARIFFS AND OUTLINES AN OUTLOOK FOR 2025

DOES NOT FORESEE SIGNIFICANT FINANCIAL IMPACT FROM THE TARIFFS ON STEEL AND ALUMINUM

DOES NOT SELL STEEL PRODUCTS AND GIVEN THE COMPANY’S 2025 SALES OUTLOOK FOR ALUMINUM IN THE U.S.

THERE ARE NO ADDITIONAL SYSTEMS PLANNED FOR DELIVERY TO THE U.S. IN 2025

PROCESS TO POTENTIALLY SECURE A LARGE ORDER FOR A PLASMASONIC SYSTEM IN THE U.S. DOES NOT APPEAR TO BE IMPACTED BY TARIFF UNCERTAINTY

BOTH TEKNA'S SYSTEMS AND MATERIALS ARE COVERED BY USMCA AND ARE THUS CURRENTLY EXEMPT FROM 25% TARIFFS ON ALL CANADIAN IMPORTS

Q1 YTD ORDE INTAKE COMPARED WITH Q1 2024 HAS INCREASED BY 37%

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